Are UK businesses struggling to deal with data?

Recent survey results show that nearly half of UK SMEs are concerned that their IT storage lacks critical performance
Are UK businesses struggling to deal with data?

A recent survey by Ultima, provider of on-premise and cloud IT infrastructure and managed service solutions, has found that nearly half (47%) of SMEs are concerned their IT storage lacks critical performance, with 39% saying it lacks capacity as well.

As companies struggle to deal with the increasing amounts of data they are generating, its storage and management is becoming a critical business issue, not least in the light of the new GDPR regulations coming into force on May 25. Over half of data held within a business is dark data, and nearly a third is redundant, obsolete or trivial (ROT). ROT data could be multiple copies of a file held within a file server in different places – data that has no discernible owner – or Christmas party pictures from five years ago. All of these provide no value to a business.

The survey also found 53% of businesses are considering moving applications to the cloud this year and nearly a third are considering purchasing new IT storage in 2018 in an attempt to help deal with their current lack of storage capacity and performance. 

Matt Beale, storage solutions specialist, Ultima says, “Businesses are missing a trick when it comes to improving their IT storage. Many are under the illusion that cloud storage is cheap, but it isn’t necessarily, so companies need to think about managing their data better as well as the systems they put it on. For example, it’s commonly stated that backups need to be kept for five or seven years. Why? Often the response is: ‘Finance say that we need to keep seven years of records’. That’s fine, but if you look into your finance system, I can almost guarantee that you have at least seven years of records in your production system. So why are you keeping seven-year-old backups? All they are doing is costing you money.

“What companies need to do is take a step back and look at their business goals and subsequently what data they need to meet those goals. Using this approach, it’s simpler to find a storage solution that will work in the long-run for your business. Some companies will need to store critical data on-premise as well as some in the cloud, but we are moving towards the utopia where all storage and data can be managed from a single point,” says Beale.

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